Equifax Inc. (NYSE:EFX) to Issue $0.39 Quarterly Dividend

Equifax Inc. (NYSE:EFX) declared a quarterly dividend on Wednesday, February 5th,RTT News reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.39 per share by the credit services provider on Friday, March 14th. This represents a $1.56 annualized dividend and a yield of 0.58%.

Equifax has a payout ratio of 14.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Equifax to earn $8.74 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 17.8%.

Equifax Stock Up 1.3 %

Shares of Equifax stock opened at $270.35 on Thursday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market capitalization of $33.51 billion, a PE ratio of 60.08, a price-to-earnings-growth ratio of 2.84 and a beta of 1.58. Equifax has a 52-week low of $213.02 and a 52-week high of $309.63. The company has a 50-day simple moving average of $261.66 and a two-hundred day simple moving average of $275.09.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on EFX shares. Wells Fargo & Company decreased their price objective on shares of Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a report on Monday. Stifel Nicolaus decreased their price objective on shares of Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a report on Wednesday, November 20th. Wolfe Research cut shares of Equifax from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 12th. BNP Paribas raised shares of Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 price objective for the company in a report on Monday, December 16th. Finally, Oppenheimer decreased their price objective on shares of Equifax from $315.00 to $286.00 and set an “outperform” rating for the company in a report on Tuesday, November 19th. Two analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $310.41.

Insider Activity at Equifax

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total value of $143,474.89. Following the completion of the transaction, the executive vice president now directly owns 11,697 shares in the company, valued at $3,045,781.83. This represents a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.66% of the stock is currently owned by company insiders.

Equifax Company Profile

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.